US XRP ETF Blows Past $100M Mark, Making Waves Across The Crypto World!

Markets

What to know:

  • The REX-Osprey XRP ETF (XRPR) surpassed $100 million in assets under management (AUM) just a month after its September launch. Direct exposure to XRP, anyone?
  • While other XRP ETFs in the U.S. are stuck in a bureaucratic limbo (thanks, SEC), XRPR has become the golden child of the crypto world, setting the bar for XRP enthusiasm.
  • Over in Brazil, the Hashdex Nasdaq XRP (XRPH11) is trailing behind, with only $52 million in assets, despite being first out the gate. Oh, the irony.
  • Institutional interest in XRP is skyrocketing. CME Group’s XRP futures and options are flying off the shelves, and Evernorth has decided XRP should be its new best friend, reserving it as a core asset. Talk about commitment!

The first U.S.-listed exchange-traded fund (ETF) offering spot exposure to XRP has now surpassed $100 million in assets under management (AUM) just one month after its debut, according to issuer REX-Osprey. Well, that was quick!

The REX-Osprey XRP ETF (XRPR) has seen explosive growth since launching in September. This ETF offers investors a chance to dip their toes directly into XRP, currently the fourth-largest cryptocurrency by market cap. Talk about timing!

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And here comes the drama! The timing of this milestone couldn’t be more delicious. The U.S. Securities and Exchange Commission (SEC) is still twiddling its thumbs, delaying decisions on at least six other spot XRP ETF applications, all thanks to the federal government shutdown. Classic SEC move.

With the approval process grinding to a halt, XRPR has stepped up as the unofficial kingmaker for gauging U.S. market interest in XRP. Meanwhile, across the globe in Brazil, the Hashed Nasdaq XRP (XRPH11), the world’s first spot XRP ETF, has accumulated 282 million real (about $52 million). Well, at least it tried to get ahead.

But it’s not just the ETFs that are heating up. Institutional activity around XRP is on fire. CME Group recently launched XRP options, and its XRP futures? Over 567,000 contracts traded, totaling a jaw-dropping $26.9 billion. Crypto dreams are made of this, right?

And here’s a juicy little tidbit: some companies are positioning XRP as a core strategic asset. Evernorth, a new treasury company aiming for a Nasdaq listing, is holding XRP in its reserve portfolio. How’s that for putting your money where your mouth is?

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2025-10-25 23:09